HR Glossary

Indirect Compensation

By Katie Milner November 5, 2019 No Comments

What is Indirect Compensation? Definition below:

”Indirect Compensation is any form of benefit offered to employees which is non-monetary.

Indirect Compensation allows an organization to look more appealing to potential and existing employees. Benefits such as health insurance, pension plans, childcare, a company car or cellphone, and annual leave are all considered to be indirect compensation.

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Katie Milner

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